Well the Lenders could have walked away by now given how long this is taking or worse still called in the $603K debt / loans so I guess we can consider ourselves lucky ?
Negotiations advanced with a potential joint venture partner for the Edie Creek mining tenements.
TL must be showing them something good or they wouldn't keep handing out cash IMO ?
I do find it interesting though as we have $8000 in the bank, loan facilities fully drawn down to $603,000 and anticipated spend of $400,000 this upcoming quarter ?
Not sure where all this money is coming from to fund the next quarter, but I guess TL has gold and silver in the vault to sell and a lot of it with that proposed expenditure .... well a lot more than the $43,700 we sold in the December quarter ? lol
GLTAH
NIU Price at posting:
0.1¢ Sentiment: Buy Disclosure: Held
